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gab13by13

(31,063 posts)

9. Define high earners

Reply to NoRethugFriends (Reply #6)

Thu May 8, 2025, 08:29 AM

May 2025

I'm only talking about people who need Social Security.

Poor people are going to be in a lower tax bracket to begin with. How much money will they gain from no taxes?

Will the Magat plan have an income cut off. People whose net income is 50k or less don't have to pay SS taxes but everyone else does?

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Yes, I Want To Pay Federal Taxes On My Social Security [View all] gab13by13 May 2025 OP

Republicans would get rid of all taxes if they could. They wanted to destroy the United States government Walleye May 2025 #1

According to project 2025 their end goal is to privatize SS. Emile May 2025 #2

That has been the end goal since reagan. mwmisses4289 May 2025 #3

Magats fuck Social Security up, gab13by13 May 2025 #5

When they privatize it the new owners will take huge salaries and assess unnecessary fees. Then Liberal In Texas May 2025 #10

The GOP started taxing it in the first place. Under the same false pretenses they are using now. Blue Full Moon May 2025 #4

Yes raygun signed it, it was bi-partisan vote thatdemguy May 2025 #16

So you like a regressive tax NoRethugFriends May 2025 #6

Define high earners gab13by13 May 2025 #9

Enough to buy food for the dog or get their daughter a doll at Christmas? Ponietz May 2025 #11

Actually, there is an income cutoff. Taxable SS is like other ordinary taxable income. The more you Wonder Why May 2025 #12

I want to go back to the pre-Reagan days of not taxing it, but taxing billionaires, instead. nt Gore1FL May 2025 #7

The federal income tax paid on SS benefits does NOT go back into the SS trust fund Fiendish Thingy May 2025 #8

While that is true, if you are receiving SS benefits and are still self-employed, MineralMan May 2025 #15

I don't. ForgedCrank May 2025 #13

I disagree. Happy Hoosier May 2025 #14

Income taxes on SS benefits do not return to the SS trust fund. n/t Ms. Toad May 2025 #17